Tag: Adani Group

Adani Group to withdraw defamation cases against 'The Wire'

Ahmedabad: The Adani Group is set to withdraw all defamation suits filed against news portal thewire.in and its editors in an Ahmedabad court for articles against its companies, highly placed sources said on Wednesday. Adani Power Maharashtra Limited had filed two suits against the web portal, while Group firm Adani Petronet Port Dahej Limited had […]

'Fani': Adanis, ICICI Bank commit Rs 35 cr to Odisha

Bhubaneswar: To bolster Odisha’s efforts in rebuilding and restoration post-cyclone Fani, Adani Ports and ICICI Bank have donated a total of Rs 35 crore to the Chief Minister’s Relief Fund (CMRF). While the Adani Group has committed Rs 25 crore, ICICI Bank has donated Rs 10 crore to support the people affected by the extremely […]

Jaypee Infra buyout race picks up with Adani, NBCC bids

New Delhi: As the May 6 deadline approaches to resolve the Jaypee Infratech Ltd (JIL) insolvency case, the battle to acquire the debt-laden company has become more intense with NBCC submitting a fresh bid on April 24 and the Adani Group also entering the fray. According to sources, the Committee of Creditors (CoC) has asked […]

Ind Inc promoters forced to draw loans by pledging their holdings

Mumbai: The stress in corporate India seems to be more deep seated than what is coming out from earnings numbers. A large number of India Inc promoters has been forced to draw loans by pledging their holdings in the company and keep their entities afloat. The top of the list is the Adani Group where […]